Bethel Community Fire Protection Association Inc
EIN: 561387563 · Hertford, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $248K |
| Total Expenses | $214K |
| Net Assets | $569K |
Is Bethel Community Fire Protection Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethel Community Fire Protection Association Inc
Bethel Community Fire Protection Association Inc (EIN: 561387563) is a nonprofit organization based in Hertford, NC, classified under NTEE code M24. The organization reported total revenue of $248K and total assets of $653K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethel Community Fire Protection Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethel Community Fire Protection Association Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $214K |
| Surplus / Deficit | $-176 |
| Total Assets | $668K |
| Total Liabilities | $100K |
| Net Assets | $569K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 37.5 months |
Financial Health Grade: B
In 2023, Bethel Community Fire Protection Association Inc reported a deficit of $176 with expenses exceeding revenue, holds 37.5 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bethel Community Fire Protection Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -17.1% | -7.4% |
| 2022 | +31.8% | +32.4% | -7.6% |
| 2021 | +3.9% | +17.6% | -8.3% |
| 2020 | +17.5% | +117.5% | +35.5% |
| 2019 | +17.3% | -26.6% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethel Community Fire Protection Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bethel Community Fire Protection Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $176, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Bethel Community Fire Protection Association Inc
Is Bethel Community Fire Protection Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethel Community Fire Protection Association Inc (EIN: 561387563) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bethel Community Fire Protection Association Inc spend its money?
Detailed spending breakdown data is not yet available for Bethel Community Fire Protection Association Inc. Check back for updated IRS 990 analysis.
Are donations to Bethel Community Fire Protection Association Inc tax-deductible?
Bethel Community Fire Protection Association Inc is registered as a tax-exempt nonprofit (EIN: 561387563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethel Community Fire Protection Association Inc located?
Bethel Community Fire Protection Association Inc is headquartered in Hertford, North Carolina and files with the IRS under EIN 561387563. It is classified under NTEE code M24.
How many years of IRS 990 filings does Bethel Community Fire Protection Association Inc have?
Bethel Community Fire Protection Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $248K in total revenue.
Filing History
IRS 990 filing history for Bethel Community Fire Protection Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethel Community Fire Protection Association Inc's revenue has grown by 67.3%, moving from $128K to $214K. Total assets increased by 46.7% over the same period, from $456K to $668K. Total functional expenses rose by 142.7%, from $88K to $214K. In its most recent filing year (2023), Bethel Community Fire Protection Association Inc reported a deficit of $176, with expenses exceeding revenue. The organization holds $100K in liabilities against $668K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $569K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $214K | $668K | $100K | — | View 990 |
| 2022 | $224K | $258K | $722K | $153K | — | View 990 |
| 2021 | $170K | $195K | $781K | $179K | — | View 990 |
| 2020 | $164K | $166K | $852K | $225K | — | View 990 |
| 2019 | $139K | $76K | $629K | $0 | — | View 990 |
| 2018 | $119K | $104K | $566K | $0 | — | View 990 |
| 2017 | $167K | $163K | $551K | $0 | — | View 990 |
| 2016 | $123K | $127K | $546K | $0 | — | View 990 |
| 2015 | $153K | $104K | $551K | $0 | — | View 990 |
| 2014 | $112K | $128K | $543K | $42K | — | View 990 |
| 2013 | $169K | $136K | $630K | $113K | — | View 990 |
| 2012 | $112K | $83K | $519K | $35K | — | View 990 |
| 2011 | $128K | $88K | $456K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $214K, and assets of $668K (revenue -4.8% year-over-year).
- 2022: Revenue of $224K, expenses of $258K, and assets of $722K (revenue +31.8% year-over-year).
- 2021: Revenue of $170K, expenses of $195K, and assets of $781K (revenue +3.9% year-over-year).
- 2020: Revenue of $164K, expenses of $166K, and assets of $852K (revenue +17.5% year-over-year).
- 2019: Revenue of $139K, expenses of $76K, and assets of $629K (revenue +17.3% year-over-year).
- 2018: Revenue of $119K, expenses of $104K, and assets of $566K (revenue -28.9% year-over-year).
- 2017: Revenue of $167K, expenses of $163K, and assets of $551K (revenue +35.9% year-over-year).
- 2016: Revenue of $123K, expenses of $127K, and assets of $546K (revenue -19.7% year-over-year).
- 2015: Revenue of $153K, expenses of $104K, and assets of $551K (revenue +36.4% year-over-year).
- 2014: Revenue of $112K, expenses of $128K, and assets of $543K (revenue -33.5% year-over-year).
- 2013: Revenue of $169K, expenses of $136K, and assets of $630K (revenue +51.0% year-over-year).
- 2012: Revenue of $112K, expenses of $83K, and assets of $519K (revenue -12.5% year-over-year).
- 2011: Revenue of $128K, expenses of $88K, and assets of $456K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethel Community Fire Protection Association Inc:
Data Sources and Methodology
This transparency report for Bethel Community Fire Protection Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.